Jun 16, 2024 | Accountancy, Budgeting, Money, Profit
Are you a small business owner trying to wrap your head around the world of accounting? One term that might have you scratching your head is “depreciation.” So, we’re here to break it down in an easy-to-understand way. But, let’s start with the...
Jun 9, 2024 | Accountancy
Have you ever heard of the matching concept in accounting? You’re not the only one if you haven’t! Firstly, let me start by saying that it falls within the accounting basics. And now for the definition: The matching concept in accounting is fundamental in...
Jan 7, 2024 | Accountancy, Tax, Tax Advice, VAT
Community Interest Companies (CICs) are a special type of company in the UK. They have a primary goal of benefiting the community or pursuing social objectives. Their involvement in the communities goes anywhere from arts engagement or enhancing technological literacy...
Nov 6, 2022 | Accountancy
One of the most important aspects of a business is understanding its business assets and liabilities. Assets are what a company owns and can use to generate income, while liabilities are amounts the company owes to others. In order for your business to be successful,...
Jun 19, 2022 | Accountancy, Bookkeeping and Payroll
Your business story needs words, it needs a narrative and that’s why bookkeeping is important for your business What is Bookkeeping? ‘Transactions’ is just another way of saying where you spend your money, when money leaves your bank account, and when money comes into...
Feb 27, 2022 | Business performance, Business planning, Management Accounting
Setting the right business targets can seem daunting, but it need not be. This vlog will help you to choose the right targets for your business, and provides tips on how to reach them. So, whether you’re just starting out, or looking to take your business to the...
